Price trend

In March, the titanium tetrachloride market saw a slight increase, with some companies raising their prices by 500 RMB/ton. According to the monitoring system of toodudu, on March 28th, the benchmark price of titanium tetrachloride in toodudu was 10,675.00 RMB/ton, an increase of 0.47% compared to the beginning of this month (10625.00 RMB/ton).

Analysis review

Raw material

The price of raw material liquid chlorine continued to rise this month; The high titanium slag market was affected by new production capacity, resulting in oversupply in the industry; However, the high price of raw materials such as titanium ore put great pressure on the production cost of high titanium slag; Causing weak and stable operation of the high titanium slag market. Overall, the cost of titanium tetrachloride was under pressure.

In terms of downstream demand:

Downstream titanium sponge enterprises and chlorinated titanium dioxide enterprises were operating normally, but some large enterprises produced and used more themselves, with low export volume and stable market demand. They mainly purchased on a daily basis.

Market outlook

According to a titanium tetrachloride analyst from toodudu, the raw material side was highly supported, with high cost pressure, stable downstream demand, and stable market supply and demand. It is expected that the titanium tetrachloride market will operate steadily in April. More attention should be paid to market news guidelines.

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